Sika Offers to Buy Founding Family's Controlling Stake

TODAY: April 19, 2015 PUB DATE: April 19, 2015

By John Revill ZURICH--Swiss chemicals company Sika AG has offered 2.25 billion Swiss francs ($2.36 billion) to buy its founding family's controlling stake, Swiss media reported Sunday, a move designed to scupper a hostile takeover by France's Saint-Gobain SA. The ...

China Cuts Banks' Reserve Ratio -- Update

TODAY: April 19, 2015 PUB DATE: April 19, 2015

By William Kazer BEIJING--China's central bank cut the reserve requirement on bank deposits in a move to let banks lend more of their funds to struggling companies as the economy slows. The People's Bank of China said on Sunday it ...

ECB's Draghi Rejects Talk of Greek Exit -- Update

TODAY: April 19, 2015 PUB DATE: April 18, 2015

...Greece." Mr. Schäuble said the onus remains on Greece to commit to overhauls in return for sustained aid, based on the Feb. 20 agreement to extend Greece's bailout by four months. "The debate is...

Costco Raises Dividend, Reauthorizes Buybacks

TODAY: April 19, 2015 PUB DATE: April 18, 2015

Costco Wholesale Corp. said Friday that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever. The retailer is lifting its quarterly dividend ...

Stock Markets Around Globe Lose Their Footing

TODAY: April 19, 2015 PUB DATE: April 18, 2015

...Greece and wobbly corporate earnings, with the Dow Jones Industrial Average giving up all but 3.23 points of its gains for 2015. Greece's international creditors signaled they are losing hope th...

ECB's Draghi Rejects Talk of Greek Exit

TODAY: April 19, 2015 PUB DATE: April 18, 2015

By Brian Blackstone WASHINGTON--European Central Bank President Mario Draghi rejected speculation that Greece may be forced to abandon the euro, reiterating that the single eurozone currency is ...

U.S. Suggests Compromise on Iran Sanctions

TODAY: April 19, 2015 PUB DATE: April 18, 2015

By Carol E. Lee And Jay Solomon WASHINGTON--President Barack Obama suggested on Friday that Iran could receive significant economic relief immediately after concluding a deal to curb its nuclear program, a gesture towards one of Tehran's key demands. Mr. Obama ...

Costco Raises Dividend, Reauthorizes Repurchase Program

TODAY: April 19, 2015 PUB DATE: April 18, 2015

By Lisa Beilfuss Costco Wholesale Corp. said Friday that it is raising its quarterly dividend 13% and reauthorizing a $4 billion repurchase program, moves that follow what some analysts called one of its strongest quarters ever. The retailer is lifting ...

Senators Introduce 'Fast Track' Trade Bill -- Update

TODAY: April 19, 2015 PUB DATE: April 17, 2015

By William Mauldin WASHINGTON--A deal reached by lawmakers Thursday would pave the way for President Barack Obama to conclude a major Pacific trade agreement with rare Republican help, but the measure is triggering a fight within a Democratic Party increasingly ...

Fed Is Expected to Shift on Muni Bonds

TODAY: April 19, 2015 PUB DATE: April 17, 2015

By Andrew Ackerman And Victoria McGrane WASHINGTON--In a change of heart, the Federal Reserve will allow big U.S. banks to use some municipal bonds to meet new rules aimed at ensuring they have enough cash during a financial-market meltdown, according ...

European Prices Fall for Fourth Month

TODAY: April 19, 2015 PUB DATE: April 17, 2015

Consumer prices across the European Union fell for the fourth straight month in March, but at a slower rate, a sign that the threat of a slide into deflation is easing as central banks launched new stimulus measures and energy ...

German Bonds Near New High on Greece Fears

TODAY: April 19, 2015 PUB DATE: April 17, 2015

...Greece have sparked a hunt for assets deemed safest during times of volatility over recent days. Greece's international creditors this week signaled that they are losing hope that Athens will do what ...

Coke Acquires Chinese Drinks Business--Update

TODAY: April 19, 2015 PUB DATE: April 17, 2015

By Prudence Ho And Chester Yung HONG KONG-- Coca-Cola Co. has agreed to buy a Chinese drinks business, its first attempt to buy a mainland firm after a high-profile rejection by Beijing of its bid for a maker of juices ...

China Premier Urges Banks to Step Up Lending -- Update

TODAY: April 19, 2015 PUB DATE: April 17, 2015

BEIJING--China's Premier Li Keqiang urged banks to step up their efforts to support economic growth, while encouraging them to roll over loans when needed. During visits to two of the country's big state banks, Mr. Li said China's economy is ...

U.S. Consumer Prices Up 0.2% in March

TODAY: April 19, 2015 PUB DATE: April 17, 2015

WASHINGTON--U.S. consumer prices increased for the second consecutive month in March after falling through much of the winter, a sign that U.S. inflation may be stabilizing. The consumer-price index, which reflects what Americans pay for everything from sneakers to airline ...

Greek Bailout Talks to be Held Saturday

TODAY: April 19, 2015 PUB DATE: April 17, 2015

By Gabriele Steinhauser BRUSSELS--Greece and the institutions overseeing its bailout will resume technical talks on the country's overhaul plans Saturday afternoon, a European Commission spokeswoma...

Canada Retail Sales Advance 1.7% in February

TODAY: April 19, 2015 PUB DATE: April 17, 2015

By Paul Vieira OTTAWA--Canadian retail sales advanced in February by the most in eight months, besting expectations and ending a two-month streak of deep declines, as receipts rose at gasoline stations and activity at car dealerships perked up. Retail sales ...